Used Bizjet Prices Under Pressure Despite Low Inventory | Aviation International News

Used Bizjet Prices Under Pressure Despite Low Inventory

The Bank of America Merrill Lynch report noted lower pricing among all size categories of used business jets in February.

By Jerry Siebenmark • Senior Editor

March 22, 2019

The supply of used business jets for sale across all size categories remained low last month, but average pricing for them remains soft, according to a Bank of America Merrill Lynch report released yesterday. Business jet inventory in February as a percentage of the total fleet was 19 basis points—or 2,079 aircraft—above October 2018’s 10-year low of 8.8 percent. “After bouncing around [the] last 10-year lows (10.5 to 11.5 percent range) for about three years, [the] supply of used jets has noticeably declined during the last 18 months,” said the report, which includes AmStat and Ascend Online data.

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